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FCNR FD RATES
FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
Highest 555-day FD interest rates: Banks are offering up to 7.25% interest rate on special fixed depositFD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks like City Union Bank and Karnataka Ba...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
ICICI Bank enables facial recognition, fingerprint authentication services for UPI transactions up to Rs 5,000: How to activate service on iMobile AppICICI Bank now allows users to authorize UPI payments up to Rs 5,000 using fingerprint or face recognition on its iMobile app. This feature...
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
Higher interest rates on FCNR(B) deposits for NRIs: Check latest NRE FD rates in SBI, HDFC Bank, Axis Bank, PNBThere are different types of NRI accounts, including Non-Resident External (NRE), Non-Resident Ordinary (NRO), and Foreign Currency Non-Res...
Good news for NRIs: Now higher interest rates allowed on these NRI deposits in banks till March 31, 2025NRI deposits: The Reserve bank of India has announced that it has increased the interest rate ceiling on Foreign Currency Non-Resident Acco...
NRE fixed deposit interest rates 2024: Which bank is offering highest NRE FD rate?As interest rates differ with banks and tenure, here is a quick comparison of top banks NRE FD interest rates.
How the HDFC Bank-HDFC merger will impact FD investors; Important FAQs answeredFollowing the final board approval, Housing Development Finance Corporation Ltd. and HDFC Bank Ltd. announced on Friday that their major me...
Axis Bank hikes FD interest rates by up to 75 bps: Check latest ratesAxis Bank increased the interest rates on certain fixed deposit (FD) tenures for sums under Rs 2 crore by up to 75 basis points.
Highest FCNR FD interest rates: SBI vs ICICI Bank vs HDFC Bank vs Canara BankFor NRIs who desire to open a fixed deposit account in India, a Foreign Currency Non-Resident (FCNR) FD account is an option.
Yes Bank increases NRE, FCNR FD interest rates: Check latest ratesYes Bank has raised the interest rates on its NRE FDs by 50 to 75 basis points and the FCNR deposit rates by 20 basis points, according to ...
Yes Bank hikes premature withdrawal penalty charges on FDsYes Bank has increased the penalty for early withdrawal from fixed deposits. According to the Yes Bank website, the increased penalty amoun...
Banks raise foreign currency deposit rates in response to RBI relaxation last weekSBI has hiked the rate on one-year tenure FCNR USD deposits to 2.85 from 1.80 per cent earlier. For deposits of 3-4 years and 5 years, it h...
Latest Axis Bank FD interest rates applicable from March 17, 2022Axis Bank has revised the interest rates on fixed deposits (FDs) worth less than Rs 2 crore. These tariffs will be in effect beginning Marc...
Axis Bank FD interest rates revised: Check detailsFDs with a term of one to two years will now earn between 5.10-5.25 percent, while those with a term of two to less than five years will re...
Axis Bank revises FD interest rates on select tenors: Check latest fixed deposit ratesFDs with a term of one to two years will now earn between 5.10-5.25%, while those with a tenure of two to less than five years will get 5.4...